Central Bank Watch
Bank of Japan Lifts Short-Term Interest Rate in Expected Move
June 16, 2026
The Bank of Japan Board’s 25-basis point interest rate hike had been anticipated. Governor Ueda was absent from the five hour nine minute monetary policy review over two days because he’s been hospitalized for an infected liver cyst. Deputy Governor Himino chaired the discussion, which ended with one dissent against the hike that was cast […] More
New Overnight Developments Abroad - Daily Update
Post-Deal Optimism Holding
June 16, 2026
Much still remains unknown regarding the future evolution of U.S.-Iran talks, but yesterday’s rally in equities and decline of long-term interest rates following the announced interim deal has persisted. Stock markets this Tuesday rose 4.1% in Indonesia, 2.1% in South Korea, 0.9% in Taiwan but just 0.1% in Japan where Bank of Japan officials hiked […] More
